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Discussion > Students > Articleship >

Minimum Stipend For IPCC Articles

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cc


[ Scorecard : 51]
Posted On 30 October 2010 at 08:45 Report Abuse

What is the minimum stipend paid to a IPCC pass article?

i m getting only 1000 per month but all my frnds say min is 4000 pm

is it true? pls help asap



Total thanks : 2 times

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Ajay Mishra
Company Secretary


[ Scorecard : 73207]
Posted On 30 October 2010 at 09:59

Hi

 

Please read Regulation 48 of  CA Regulation 1988.

 

Regards

 





Ajay Mishra
Company Secretary


[ Scorecard : 73207]
Posted On 30 October 2010 at 10:01

Articleship Training

 

 

A student has to undergo articled training for the period of three years along with theoretical education. The entire period of practical training can be served with a practising member or it can be served partly with a practising member and partly in an approved industrial establishment as an Industrial Trainee. The period of such industrial training may range between 9–12 months during the last year of the prescribed period of practical training. Only students of Final Chartered Accountancy Course are eligible for Industrial training. A person registered as an articled assistant is entitled to receive a minimum monthly stipend as per the rates specified under the Chartered Accountants Regulations, from time to time. The current minimum rates of monthly stipend payable, depending on the situation of the normal place of services of the articled assistants, are as follows:

 

 

Classification of the normal place of
service of the articled assistants

 

 

Stipend payable per month to articled assistant

 


 

During the first year of training

 

 

During the second year of training

 

 

During the remaining period of training

 

 

1. Cities/Towns having population of 20 lakhs and above

 

 

Rs. 1000

 

 

Rs. 1250

 

 

1500

 

 

2. Cities/Towns having population of 4 lakhs and above but less than 20 lakhs

 

 

Rs. 750

 

 

Rs. 1000

 

 

Rs. 1250

 

 

3. Cities/Towns having population of less than 4 lakhs

 

 

Rs.  500

 

 

Rs.  750

 

 

Rs. 1000

 





bharat
a


[ Scorecard : 153]
Posted On 30 October 2010 at 16:31

mr.ajay mishra u r right



swapnil
CA Final


[ Scorecard : 548]
Posted On 30 October 2010 at 20:19

ajay sir is correct,

 

thanks 4 sharing with us and best of luck,




swati
accountant


[ Scorecard : 111]
Posted On 11 November 2010 at 11:09

is it 1000 pm or pa??? because i have heard majority ca's are worst pay masters. Rs. 12000/- pa is a very good salary for a clerk isint it!!! I am a graduate with 10 yrs working experience and handling work of personal accounts and office assistant earning less than the stipend to a clerk. (my position is supposed to be very important one and i am supposed to be considered as a fav of boss hence drawing handsome salary)




swati
accountant


[ Scorecard : 111]
Posted On 11 November 2010 at 11:44

hey guys just joking !! how was it. ????

At the start of your career its the knowledege that is important and not the pay. If you have the requisite knowlege you are going to be paid very well in future. This is your learning stage concentrate on your power to gain more and more knowledge rather than pay. you know students pay handsome amounts to coaching classes to gain knowledge which you are getting free of cost infact you are paid for gaining knowledge by working under a practising ca. In fact you should pay your principal who is imparting his valuable knowldege to you.




SOUMYA RANJAN SAHOO
Article


[ Scorecard : 24]
Posted On 17 November 2010 at 15:23

Mr. Ajay iz right. However, u can negotiate with your principal.




srinivass
CA Final


[ Scorecard : 2456]
Posted On 16 December 2010 at 14:51

hey u r getting minimum stipend but it is very less but ehat is the good news is the articlestipend is going to raise......already proposal was raised by icai




Hardik Dave
IPCC and CS Professional(FINAL) Student


[ Scorecard : 15277]
Posted On 21 December 2010 at 15:38

Originally posted by : srinivass

hey u r getting minimum stipend but it is very less but ehat is the good news is the articlestipend is going to raise......already proposal was raised by icai



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